Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23 Updated On Tue, Jan 31st, 2023 by Saurenergy Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […] Read more
As Adani Shares Drop, How Will It Impact Group’s Green Plans Updated On Tue, Jan 31st, 2023 by Saurenergy Shares of the Adani Group have been ambushed over the past week, dropping upto 40% in some cases. The report on the group by US based short seller Hindenberg research, a firm specialising in short selling shares with detailed public reports on their thesis, has done serious damage, coming as it did just before a […] Read more
Thomas Lloyd Acquires Investor Shares in Solar Developer SolarArise Updated On Mon, Jan 30th, 2023 by Saurenergy Delhi-based SolarArise and Investment Fund Thomas Lloyd have announced the completion of acquisition of its investors shares by ThomasLloyd Energy Impact Trust (TLEI), an investment trust listed on the London Stock Exchange (LSE). The deal makes SolarArise an Indian utility scale solar company with its assets listed as a part of a trust on the […] Read more
Marguerite To Invest EUR 60 Million In New Solar Platform Updated On Tue, Jan 24th, 2023 by Saurenergy Luxembourg-based renewable energy provider Marguerite has announced that it will be investing up to EUR 60 million in an investment platform that will work to develop greenfield solar power projects. Marguerite held that the investment platform will seek to develop a portfolio of over 2GW of developed and in-development solar power plants in the coming […] Read more
2023’s Promise for Solar. Will India Rise To The Challenge? Updated On Mon, Jan 23rd, 2023 by Saurenergy Early into 2023, the ground is set for a momentous shift for solar. But first, the numbers. In the Jan-Dec period, figures from India’s Central Electricity Authority show that the country added 13956 MW of solar capacity, of which just over 11 GW was utility scale solar. This is by far the best ever performance […] Read more
Lightsource Bp Agrees to Sell 247 MW Spanish Solar Projects Updated On Mon, Jan 23rd, 2023 by Saurenergy Lightsource bp, United Kingdom based solar energy player, has announced that it has agreed the sale of its 247MW solar photovoltaic (PV) project to Plenium Partners and Bankinter Investment. The two purchasing firms are independent renewable energy investors. Lightsource bp said that the objective of the sale is to support its growth across the sector. […] Read more
Sungrow & SOL+ Distribuidora Forge Partnership for 500 MW Inverter Distribution in Brazil Updated On Sun, Jan 22nd, 2023 by Saurenergy Developer and producer of photovoltaic inverter technology, Sungrow, and SOL+ Distribuidora, the new business front of Holding SOL Copérnico, based in Brazil, have entered into a partnership facilitating distribution for the Brazilian market. As per the agreement, SOL+ will be responsible for the distribution of 500 MW of on-grid Sungrow photovoltaic inverters in all of […] Read more
AREMI, Renewable Manufacturing Initiative for Africa Launched Updated On Fri, Jan 20th, 2023 by Saurenergy Sustainable Energy for All (SEforALL), the African Climate Foundation, Bloomberg Philanthropies, ClimateWorks Foundation, and the Chinese Renewable Energy Industries Association (CREIA) have together launched the Africa Renewable Energy Manufacturing Initiative (AREMI) at Abu Dhabi Sustainability Week, UAE, with an objective step up investment and action for renewable energy development in African countries to scale up […] Read more
Adani Firm to Acquire 50% Equity in Rajasthan’s Essel Saurya Urja Updated On Thu, Jan 19th, 2023 by Saurenergy Adani Renewable Energy Holding Two Ltd has announced that the company will acquire 50 per cent equity in Rajasthan based renewable energy company Essel Saurya Urja Company of Rajasthan Ltd (ESUCRL). The deal has been announced to be for Rs 15 crore from Essel Infraprojects a firm belonging to the troubles Essel Group whose promoters […] Read more
